TechFlow news — the decentralized storage project Filecoin (FIL) has officially released a 32-page report titled "Filecoin Economics," detailing the principles and specifics behind its token economic model design. According to the Filecoin token distribution plan, the total supply of Filecoin tokens is 2 billion, with 5% allocated to the Filecoin Foundation, 10% for fundraising, 15% to Protocol Labs, and 70% to miners. 15% of the total token supply (representing 21.4% of miner rewards) will be set aside as a mining reserve fund to incentivize retrieval miners and other future types of miners. The specific use of this reserve will be determined later by the community through Filecoin Improvement Proposals (FIPs). The Filecoin network introduces the concept of "baseline minting," which mints tokens based on estimated network utility, moving away from traditional time-based token issuance models. The Filecoin team also stated that new features such as repair miners, application miners, Filecoin lending, and general-purpose smart contracts may be introduced in the future. As previously reported, the Filecoin mainnet is scheduled to launch in mid-to-late September, with FIL tokens expected to be distributed in late September.
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